Springs Global annouced its 1Q22 results

Springs Global: EBITDA of R$ 38.2 million in 1Q22

São Paulo, May 16th, 2022 – Springs Global Participações S.A. (Springs Global), a company in the Home & Decoration segment, leader in bedding, tabletop and bath products, reported in the first quarter of 2022 (1Q22), net revenue of R$ 381.3 million, surpassing by 11.9% the value achieved in the first quarter of 2019 (1Q19). Gross margin reached 32.4% and EBITDA margin was 10.0%.

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